The Real Reason Why There Are Too Many Banks

When I read Matt Yglesias’ article in Slate on America’s Microbank Problem, it took me a minute, but I realized what it really was: A hack piece of journalism, written simply to call attention to the author and publication.

Yglesia’s case to support his contentions was poorly argued. American Banker easily tore through the arguments in a well written Piece.

Read more at Snarketing 2.0

The Real Reason Why There Are Too Many Banks

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